NATIONAL ENGINEERING INDUSTRIES LTD.
	REGD. OFFICE:  9/1 R. N. MUKHERJEE  ROAD. KOLKATA - 700001
	AUDITED FINANCIAL RESULTS  FOR THE QUARTER  ENDED  31.03.2011
								( Rs in Lacs )
		9 MONTHS ENDED	QTR ENDED			YEAR  ENDED
		31.12.10	31.03.11		31.03.10	31.03.11		31.03.10
	DESCRIPTION	Reviewed	Audited		Audited	Audited		Audited
	1.  SALES /  INCOME  FROM  OPERATIONS (GROSS)	75,791.10	29,315.16		20,503.16	105,106.26		79,440.40
	Less: EXCISE DUTY	7,876.12	2,951.79		1,766.82	10,827.91		6,673.14
	NET SALES /  INCOME  FROM  OPERATIONS	67,914.98	26,363.37		18,736.34	94,278.35		72,767.26
	2.  OTHER  OPERATING INCOME	245.15	238.83		132.36	483.98		250.35
		68,160.13	26,602.20		18,868.70	94,762.33		73,017.61
	3.  TOTAL  EXPENDITURE
	a) (Increase)/Decrease in stock in trade	(2,341.32)	681.65		(314.24)	(1,659.67)		233.46
	b) Consumption of Raw material	32,893.29	11,954.11		8,130.27	44,847.40		32,070.72
	c) Purchase of Traded goods	677.82	160.47		343.67	838.29		1,194.07
	d) Employee cost	6,605.95	2,383.94		2,120.33	8,989.89		7,869.86
	e) Other expenditure	14,313.18	5,290.70		4,478.77	19,603.88		15,814.84
		52,148.92	20,470.87		14,758.80	72,619.79		57,182.95
	4.  PROFIT FROM OPERATIONS BEFORE OTHER INCOME, DEPRECIATION, INTEREST &	16,011.21	6,131.33		4,109.90	22,142.54		15,834.66
	EXCEPTIONAL ITEMS (1 + 2- 3)
	5.  DEPRECIATION	3,600.37	1,343.97		1,024.78	4,944.34		3,821.38
	6.  PROFIT FROM OPERATIONS BEFORE OTHER INCOME, INTEREST & EXCEPTIONAL	12,410.84	4,787.36		3,085.12	17,198.20		12,013.28
	ITEMS (4 - 5)
	7. OTHER INCOME	1,067.56	565.80		636.40	1,633.36		1,603.92
	8.  PROFIT BEFORE INTEREST & EXCEPTIONAL ITEMS ( 6 + 7)	13,478.40	5,353.16		3,721.52	18,831.56		13,617.20
	9.  INTEREST	649.90	282.97		100.06	932.87		1,874.44
	10.  PROFIT AFTER INTEREST BUT BEFORE  EXCEPTIONAL ITEMS (8 - 9)	12,828.50	5,070.19		3,621.46	17,898.69		11,742.76
	11.   EXCEPTIONAL ITEM
	- BAD DEBTS/ADVANCE WRITTEN OFF (INCLUDING LOAN TO A BODY CORPORATE)	-	-		727.40	-		1,727.40
	-  PROVISION FOR DOUBTFUL DEBTS	-	503.79		-	503.79		-
	-  LOSS ON SALE OF LONG TERM INVESTMENT	110.57	129.80		-	240.37		-
	12.   PROFIT BEFORE TAX	12,717.93	4,436.60		2,894.06	17,154.53		10,015.36
	13.  PROVISION  FOR  TAXATION
	- CURRENT TAX	(3,596.30)	(911.34)		(953.24)	(4,507.64)	*	(3,328.74)	**
	- DEFERRED TAX (CHARGE) / CREDIT	(512.37)	(244.85)		(126.42)	(757.22)		(459.76)
	- WEALTH TAX		-		-	-		-	****
	- FRINGE BENEFIT TAX	-	-		-	-		2.03
	14.  NET PROFIT	8,609.26	3,280.41		1,814.40	11,889.67		6,228.89
	16.NET PROFIT
	15.  PAID UP  EQUITY  SHARE  CAPITAL	80.00	80.00		80.00	80.00		80.00
	( Face value of each share Rs. 10 each )
	16.  RESERVE  EXCLUDING REVALUATION  RESERVE	-	-		-	43,343.92		31,640.21
	17.  BASIC EPS FOR THE PERIOD	1,076.16	410.05		226.80	1,486.21		778.61
	18. DILUTED EPS FOR THE PERIOD (NOT ANNUALISED)	1,076.16	410.05		226.80	1,486.21		778.61
	19.  AGGREGATE OF PUBLIC SHARE HOLDING
	Number of shares	NIL	NIL		NIL	NIL		NIL
	% of shareholding	-	-		-	-		-
	20.PROMOTERS AND PROMOTERS GROUP SHAREHOLDING
	a) Pledged / Encumbered
	- Number of Shares	NIL	NIL		NIL	NIL		NIL
	- Percentage of Shares ( as a % of the total shareholding of promoter	-	-		-	-		-
	and promoter group )
	- Percentage of Shares ( as a % of the total share capital of	-	-		-	-		-
	the  company )
	a) Non  Encumbered
	- Number of Shares	800,000	800,000		800,000	800,000		800,000
	- Percentage of Shares ( as a % of the total shareholding of promoter	100.00	100		100	100		100
	and promoter group )
	- Percentage of Shares ( as a % of the total share capital of	100.00	100		100	100		100
	the  company )
	*Include Rs.162.36 net of credit related to previous year
	**Include net of credit  of Rs.58.26 Lacs related to previous year
						Rs. In Lacs
S.No	Particulars				Year Ended
					As on 31.03.11 Audited	As on 31.03.10 Audited
	Shareholders' funds
(A)	Share Capital				80.00	80.00
(B)	Reserves and  Surplus				43,343.92	31,640.21
(C)	Loan funds				29,782.58	29,126.22
(D)	Deferred Payments Liabilities				204.39	374.24
(E)	Deferred Tax Liabilities (net)				2,671.17	1,913.95
	Total				76,082.06	63,134.62
	Net Fixed Assets				53,794.88	41,925.96
	Investments				4,095.36	4,214.69
	Current Assets, Loans and Advances
(A)	Inventories				22,696.13	18,869.64
(B)	Sundry Debtors				14,329.42	11,751.61
(C)	Cash and Bank Balances				436.68	316.62
(D)	Other Current Assets				418.23	317.81
(E)	Loans and Advances				3,651.19	2,301.81
	Less : Current Liabilities and Provisions
(A)	Current Liabilities				22,559.70	15,953.79
(B)	Provisions				780.13	609.73
	Total				76,082.06	63,134.62

NATIONAL ENGINEERING INDUSTRIES LTD.
REGD. OFFICE:  9/1 R. N. MUKHERJEE  ROAD. KOLKATA - 700001
AUDITED FINANCIAL RESULTS  FOR THE QUARTER  ENDED  31.03.2011
						( Rs in Lacs )
		9 MONTHS ENDED	QTR ENDED		YEAR  ENDED
	SEGMENTWISE REVENUE,RESULTS	31.12.10	31.03.11	31.03.10	31.03.11	31.03.10
	AND CAPITAL EMPLOYED	Reviewed	Audited	Audited	Audited	Audited
1.	Segment Revenue
	a) Bearing Division	64,871.22	25,160.51	17,349.40	90,031.73	68,287.50
	b) Others *	3,505.60	1,727.11	1,647.38	5,232.71	4,985.89
	Total Net Sales/Income from operations	68,376.82	26,887.62	18,996.78	95,264.44	73,273.39
	Less : Inter segment revenue	-	-	-	-	-
	Net sale/income from operations	68,376.82	26,887.62	18,996.78	95,264.44	73,273.39
2.	Segment Results
	( from each segment)
	a) Bearing Division	12,299.18	4,268.33	3,112.17	16,567.51	11,570.60
	b) Others *	1,671.78	398.42	648.62	2,070.20	2,197.12
	Segmentwise profit before interest & tax	13,970.96	4,666.75	3,760.79	18,637.71	13,767.72
	Less : i. Interest	649.90	282.97	100.05	932.87	1,874.43
	ii. Other un-allocable expenditure	603.13	(52.82)	766.68	550.31	1,877.93
	(net off un-allocable income)
	Total Profit before Tax	12,717.93	4,436.60	2,894.06	17,154.53	10,015.36
3.	Capital Employed
	(Segment Assets-Segment Liabilities)
	a) Bearing Division	67,099.00	66,852.10	52,642.98	66,852.10	52,642.98
	b) Others *	2,634.45	2,241.28	3,072.59	2,241.28	3,072.59
	c) Un-Allocated	7,236.06	6,784.30	7,044.67	6,784.30	7,044.67
	Total	76,969.51	75,877.68	62,760.24	75,877.68	62,760.24
	* Others includes Technical services, agency services and manufacturing & marketing of rubber products.